Heerema Fabrication Group is to close its Zwijndrecht yard in the Netherlands after Italian group Rosetti Marino decided not to proceed with plans to buy the facility.
Rosetti said that after “careful consideration of the risks and opportunities, it has concluded that this acquisition did not meet its requirements due to adverse market conditions and the uncertainty for future prospects for the Zwijndrecht yard”.
The CEO of the Ravenna-based group, Oscar Guerra, further added that “Rosetti Marino regrets that our interest in the proposed sale could not happen due to external factors beyond our control”.
Heerema Fabrication Group said it has informed staff at Zwijndrecht about the intended yard closure and will request advice from works council of HFG Nederland. The company added that it is committed to support the 80 employees who are being made redundant as a result of the closure.
Heerema Fabrication Group will continue construction operations at its locations in Vlissingen and Opole in Poland.